Doge coin and Shiba token continue to keep getting so much media attention and hype, so I decided I would answer the question: should you buy Doge coin or Shiba token?To save you a lot of time, the answer to that question is neither.To explain why Doge isn\u2019t a good idea only takes 3 points:- Doge fees are 73x the fees of competing digital cash cryptocurrencies.o If you were to argue it\u2019s digital cash, then you can\u2019t compare to Bitcoin, you should compare it to Bitcoin Cash or Dash, which currently have fees less than 1 cent while Doge is 73x at 73 cents. There are many other coins that are significantly cheaper, too, like Litecoin, currently with fees of $0.024.o You can compare fees here: https:\/\/bitinfocharts.com\/comparison\/transactionfees-doge-ltc-bch-dash.html#3y- They require millions of dollars per day just to not decline in value.o Doge produces approximately 10,000 coins per minute which is around 14,000,000 per day. Thus they require 14 million x the current price of Doge ($0.29107) = $4,074,980, just to keep the price from falling if the inflation is accounted for. Obviously, they don\u2019t actually need that full amount as the inflation doesn\u2019t reflect immediately, but technically they should require millions of dollars coming in daily in order to not decline in value.- It doesn\u2019t have good tokenomics or fundamentals.o The founders abandoned the project and there is little to no development or future for Doge, and it\u2019s completely reliant on hype, and celebrity endorsement doesn\u2019t work, which we know, and I have covered in the past.The explanation as to why Shiba Inu ERC20 tokens aren\u2019t a good idea requires a little more effort. These four points should sum it up:- People have a lot of misconceptions about the token, like that there are redistributions to followers, it\u2019s deflationary, there are\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Doge coin and Shiba token continue to keep getting so much media attention and hype, so I decided I would answer the question: should you buy [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/5623"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=5623"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/5623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=5623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=5623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=5623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}